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NNN Retail Property
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11530-11546 Midlothian Turnpike, Midlothian, VA 23113

Fully leased retail property occupied by three established commercial tenants.

Property SizeContact for details
Days on Market145

Property Features for 11530-11546 Midlothian Turnpike

General Information

Standard status Active
Property subtype Retail
Listing Agency: Craig G. Yale & Associates
Listed By: Jason Yale · License #IL 471011297
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 12:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Craig G. Yale & Associates

Investment Insights

Based on property information with market context.

The property comprises an 8,120-square-foot retail development occupied by 7-Eleven, Sleep Number, and Heartland Dental, also identified as Complete Dental Care of Richmond. Each occupant has remained at the property since its development, and the asset is structured as a 100% net-leased property. Two-thirds of the space is leased to publicly traded companies.

The property serves as an outparcel to Chesterfield Towne Center, a retail center exceeding 1 million square feet. The site is located along Midlothian Turnpike, where reported traffic exceeds 81,000 vehicles daily. Area vacancy is reported at 5% within a three-quarter-mile radius, providing additional context for the surrounding retail environment.

Key Highlights

  • 8,120‑square‑foot retail development
  • 100% net‑leased property occupied by 7‑Eleven, Sleep Number, and Heartland Dental
  • Each tenant has operated at the property since development

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,513
Businesses Nearby
214k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Apparel 24% Shops & Services 21% Groceries 8%
Raising Cane's Chicken Fingers Dining
33,762 visits/mo 0.4 miles
Michaels Shops & Services
29,236 visits/mo 0.2 miles
Burlington Apparel
26,792 visits/mo 0.1 miles
The Fresh Market Groceries
17,041 visits/mo 0.3 miles
DSW Designer Shoe Warehouse Apparel
15,160 visits/mo 0.4 miles

Demographics for 23113, VA

26,190
Population
10,317
Households
2.5
Avg Household Size
46
Median Age
70%
College-Educated
98%
High-School Grad
36.5 sq mi
ZIP Area
718
Density / Sq Mi
$150,673
Median Household Income
$75,423
Median Earnings
$1,736
Median Rent
$580,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Fully leased retail property occupied by three established commercial tenants.
Where is this nnn property located?
The property is located at 11530-11546 Midlothian Turnpike Midlothian, VA.
What are key features of this property?
This property features: 8,120‑square‑foot retail development; 100% net‑leased property occupied by 7‑Eleven, Sleep Number, and Heartland Dental; Each tenant has operated at the property since development
More about this property
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